HIGHLIGHTS

Homebuyers unhappy with UP RERA: Picture for representation. (Photo: Reuters)

HIGHLIGHTS

Homebuyers in UP to move Allahabad High Court.

Homebuyers are unhappy with recently enacted RERA.

Homebuyers say UP RERA gives exemption to ongoing projects.

The homebuyers' associations of Uttar Pradesh have threatened to move to the Allahabad High Court against what they called the 'toothless' Real Estate Regulation and Development Act (RERA).

The homebuyers claim that after having promised stringent rules in the draft the Bharatiya Janata Party (BJP) government of Uttar Pradesh has brought the RERA which gives exemption to the ongoing projects.

"Over one lakh families are affected due to delayed possessions of ongoing projects in the National Capital Region area. If RERA can't take care of that, then what is it useful for? We think that court can be the only options for the victims," said Abhishek Kumar, president, Noida Extension Flat Owners Association.

WHY HOMEBUYERS ARE ANGRY

A majority of projects in Noida, Greater Noida and Ghaziabad are delayed for five to eight years. The homebuyers from Noida and Greater Noida had earlier met UP CM Yogi Adityanath, UP Minister Satish Mahana, local MP and Union Minister Mahesh Sharma and local MLA Pankaj Singh for a stringent RERA.

The previous Samajwadi Party government had exempted the ongoing projects while the homebuyers called for including them too. Now, they claim that the Chief Minister had promised for a stringent RERA but the Act that was enacted on August 1 has nothing against ongoing projects.

"If the government does not understand the need of a homebuyer, who has invested his lifetime saving for a flat and is waiting for last 6 to 10 years, then we will move to the High Court against the Act. We want builders to be made accountable of the delay and pay for it," said Shweta Bharati of homebuyers' association.

The homebuyers also claim that there are many discrepancies on the website of RERA. The government has extended the last date for registration under RERA for builders till August 15.

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